Competition Act

Competition Bureau seeks to protect the integrity of contracts leading up to the FIFA World Cup 26

Retrieved on: 
Friday, March 22, 2024
World cup, QC, Collusion, Competition Bureau, Risk, Bureau, City, Tourism, Competition, Competition Act, Auction

GATINEAU, QC, March 22, 2024 /CNW/ - The Competition Bureau has launched a new reporting tool to help the public and business community report potential collusive agreements between competitors related to the FIFA World Cup 26.

Key Points: 
  • GATINEAU, QC, March 22, 2024 /CNW/ - The Competition Bureau has launched a new reporting tool to help the public and business community report potential collusive agreements between competitors related to the FIFA World Cup 26.
  • The Bureau urges anyone with information regarding bidders who are entering into collusive agreements, to win contracts linked to the World Cup, to report it using the reporting tool.
  • Collusion undermines fair competition, threatens the integrity of markets and increases the cost and risk of doing business.
  • We are determined to pursue those who seek to unjustly profit from contracts related to the World Cup."

Allied to Acquire Ownership Interest in 400 West Georgia and Increase Ownership Interest in 19 Duncan

Retrieved on: 
Monday, March 11, 2024
Thomson Reuters, Mezzanine, Person, Pressure, UDC, TSX, News, Growth, Sale, RBC, Competition Act, LEED, Telus Sky, GLA, Real estate investing, Apple, Commercial property

TORONTO, March 11, 2024 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust ("Allied") (TSX: "AP.UN") today announced that it will acquire an ownership interest in 400 West Georgia Street in Vancouver (“400 West Georgia”) and increase its ownership interest in 19 Duncan Street in Toronto (“19 Duncan”).

Key Points: 
  • TORONTO, March 11, 2024 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust ("Allied") (TSX: "AP.UN") today announced that it will acquire an ownership interest in 400 West Georgia Street in Vancouver (“400 West Georgia”) and increase its ownership interest in 19 Duncan Street in Toronto (“19 Duncan”).
  • 400 West Georgia is comprised of 345,034 square feet of office GLA, 5,525 square feet of retail GLA and 163 underground parking stalls.
  • Allied will convert $130.5 million of the Mezzanine Loan to equity in exchange for a 90% undivided interest in 400 West Georgia.
  • Allied expects to complete the transactions in relation to 400 West Georgia and 19 Duncan in early April, subject only to Competition Act approval and customary closing conditions.

Competition Bureau expands its investigation into Google's advertising practices

Retrieved on: 
Thursday, February 29, 2024
Online, Bureau, Record, Competition Bureau, Advertising, Competition Act, Federal court, Google Ads, QC, ADX, Publishing

GATINEAU, QC, Feb. 29, 2024 /CNW/ - The Competition Bureau has obtained a court order to gather information and advance an ongoing investigation into Google's online advertising practices in Canada.

Key Points: 
  • GATINEAU, QC, Feb. 29, 2024 /CNW/ - The Competition Bureau has obtained a court order to gather information and advance an ongoing investigation into Google's online advertising practices in Canada.
  • The Bureau is investigating whether Google has engaged in certain practices that harm competition in the online display advertising industry in Canada.
  • The Bureau has now expanded the scope of its investigation to examine ways that Google may be:
    using predatory pricing in certain display advertising technology services.
  • The Bureau also investigated Google in 2016 for alleged anti-competitive conduct relating to online search, search advertising and displaying advertising.

Tricon Residential Announces Receipt of Interim Order for Proposed Take Private by Blackstone Real Estate and Provides Details of Special Meeting

Retrieved on: 
Friday, February 16, 2024
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, REIT, Court, Interim order, TCN, Arrangement, Circular, Special, TSX, Bank, EDGAR, Transaction, Proxy, Competition Act, Indian stock exchange, The Sundays, Investment Canada Act, Minority, SPECIAL, Security (finance)

The Interim Order authorizes the calling and holding of a special meeting on March 28, 2024 (the “Special Meeting”) of the holders of Common Shares (the “Company Shareholders”), the granting of dissent rights to registered Company Shareholders, and other matters relating to the conduct of the Special Meeting.

Key Points: 
  • The Interim Order authorizes the calling and holding of a special meeting on March 28, 2024 (the “Special Meeting”) of the holders of Common Shares (the “Company Shareholders”), the granting of dissent rights to registered Company Shareholders, and other matters relating to the conduct of the Special Meeting.
  • The Interim Order authorizes and orders that the Special Meeting be held on Thursday, March 28, 2024 at 10:00 a.m. (Toronto time) in virtual-only format via live audio webcast, including any adjournments or postponements thereof.
  • Details of the Special Meeting and how Company Shareholders or their duly appointed proxyholders can attend, access, participate in and vote at the Special Meeting are set out in the Circular.
  • Registered Company Shareholders and duly appointed proxyholders will be able to attend, participate and vote at the Special Meeting online.

Online reviews posted by employees: businesses could be liable

Retrieved on: 
Thursday, January 18, 2024
Online, Competition Act, Competition, Bureau, Employment, Heart, Social media, Competition Bureau, Disclosure

GATINEAU, QC, Jan. 18, 2024 /CNW/ - The Competition Bureau is warning businesses to watch out for reviews posted by their employees that don't properly disclose their business connection.

Key Points: 
  • GATINEAU, QC, Jan. 18, 2024 /CNW/ - The Competition Bureau is warning businesses to watch out for reviews posted by their employees that don't properly disclose their business connection.
  • When posting online reviews about their company or its competitors, employees must disclose all connections they have with the business, product or service they promote, even if they're providing their honest opinion.
  • Anyone who writes or permits writing reviews that give a false or misleading impression to consumers could be liable under the Competition Act.
  • Businesses with strong compliance programs are best equipped to prevent problematic reviews by their employees.

Organigram Announces Mailing of Management Information Circular in Connection with Annual General and Special Meeting

Retrieved on: 
Friday, December 29, 2023
Alternative Medicine, Health, Natural Resources, Cannabis, Telephone, American Tobacco Company, Share (finance), BAT, OGI, Amend, Indian stock exchange, Competition Act, Acquisition, Partnership, British American Tobacco, Multilateral, Investment, Premium, Emulsion, Meeting, TSX, Minority, Shareholder, Security (finance)

The Meeting will be held in a virtual-only format via live audio webcast at https://virtual-meetings.tsxtrust.com/en/1576 on Thursday, January 18, 2024 at 10:00 a.m. (Toronto Time).

Key Points: 
  • The Meeting will be held in a virtual-only format via live audio webcast at https://virtual-meetings.tsxtrust.com/en/1576 on Thursday, January 18, 2024 at 10:00 a.m. (Toronto Time).
  • Instructions as to how to attend the Meeting and to vote are set out in the Meeting Materials mailed to Shareholders.
  • The majority of the Investment will be used by Organigram to create the “Jupiter Pool”, a strategic investment pool which will target investments in emerging opportunities.
  • These covenants in favour of the Company are intended to provide market stability and preserve the value of the shares.

Marathon Gold Receives Interim Order and Intends to Mail and File Special Meeting Materials Today In Connection with its Proposed Combination with Calibre Mining

Retrieved on: 
Friday, December 22, 2023
Committee, Holiday, Arrangement, Mineral, MOZ, Consideration, Proxy, Commissioner, The Sundays, Competition, Bay Street, Toronto Stock Exchange, Canada Business Corporations Act, Suite, Funding, Circular, Competition Act, Gold, Interim order, TSX, Security (finance)

The purpose of the Marathon Meeting is to seek approval of the Marathon Shareholders in respect of the Arrangement.

Key Points: 
  • The purpose of the Marathon Meeting is to seek approval of the Marathon Shareholders in respect of the Arrangement.
  • Materials for the Marathon Meeting, including the Circular, will be available on SEDAR+ at www.sedarplus.ca and on the Company's website at www.marathon-gold.com later today.
  • The Interim Order authorizes Marathon to proceed with various matters, including the holding of the Marathon Meeting to consider and vote on the proposed Arrangement.
  • As a Marathon Shareholder, it is very important that you read the Circular and related materials with respect to the Marathon Meeting carefully and then vote your Marathon Shares.

Calibre Intends to Mail and File the Special Meeting Materials Today In Connection with the Proposed Combination with Marathon

Retrieved on: 
Friday, December 22, 2023
Canada Business Corporations Act, Telephone, OTCQX, TD Securities, Circular, Competition Act, LTIP, CXB, Gold, Transaction, Lead, Proxy, Competition, Internet, Meeting, TSX, Commissioner, Toronto Stock Exchange, Indian stock exchange, DRS, Security (finance)

VANCOUVER, British Columbia, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) is pleased to announce that the Company intends to file and mail its management information circular dated December 11, 2023 (the “Circular”) and related meeting and proxy materials today in connection with the virtual-only special meeting (the “Meeting”) of holders (the “Calibre Shareholders”) of common shares of Calibre (the “Calibre Shares”) scheduled to be held on January 16, 2024. The purpose of the Meeting is to seek approval for (i) the issuance of Calibre Shares as consideration in connection with a plan of arrangement under the Canada Business Corporations Act (the “Transaction”) whereby Calibre will acquire all of the issued and outstanding common shares of Marathon Gold Corporation (“Marathon”) it does not already own; and (ii) an amendment to increase the maximum number of Calibre Shares that may be reserved and set aside for issuance under Calibre’s amended and restated long-term incentive plan (the “LTIP Amendment”), which amendment will be implemented only upon the completion of the Transaction.

Key Points: 
  • High-margin, cash flow focused, mid-tier gold producer in the Americas1 expected to produce on average 500 koz (2025 – 2026E average) of gold per year.
  • Pursuant to the arrangement agreement dated November 12, 2023 between Calibre and Marathon, holders (“Marathon Shareholders”) of common shares of Marathon (“Marathon Shares”) (other than dissenting shareholders and Calibre) will receive 0.6164 of a Calibre Share for each Marathon Share held.
  • As a Calibre Shareholder, it is very important that you read the Circular and related materials with respect to the Meeting carefully and then vote your Calibre Shares.
  • As the Meeting will be in virtual only format, registered and non-registered Calibre Shareholders will not be able to attend in person.

Government of Canada announces reappointment of Matthew Boswell as Commissioner of Competition

Retrieved on: 
Wednesday, December 20, 2023
Competition Bureau, Government, Competition law, Competition Act, The Honourable, Act, Competition, Future, Bureau, Commissioner, The Act, Parliament, Policy

OTTAWA, ON, Dec. 20, 2023 /CNW/ - Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced the reappointment of Matthew Boswell as Commissioner of Competition for a two-year term, effective February 27, 2024.

Key Points: 
  • OTTAWA, ON, Dec. 20, 2023 /CNW/ - Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced the reappointment of Matthew Boswell as Commissioner of Competition for a two-year term, effective February 27, 2024.
  • Matthew Boswell has been leading the Competition Bureau in its efforts to reinforce competition in Canada's economy since 2019.
  • In 2022, a first series of important amendments to the Competition Act strengthened the Bureau's ability to protect Canadian consumers, businesses and workers from anti-competitive conduct.
  • Mr. Boswell's reappointment comes as the Government of Canada looks to complete a comprehensive modernization of the Competition Act, in an effort to create market transparency and enhance competition, and as the Bureau continues to help improve affordability and consumer choice across Canada.

CMA’s new resource helps organizations prevent deceptive practices that erode consumer trust

Retrieved on: 
Tuesday, December 5, 2023
Marketing, Advertising, Communications, Textile Labelling Act (Germany), Consumer Protection Act (Quebec), European Consumer Centres Network, Organization, Consumer, The Competition Act, 2002, CMA, CASL, Textile, Communication, Competition Act, Real estate

By providing examples of common marketing activities and how Canadian laws affect each activity, the guide will help organizations better understand how they can solidify a strong brand reputation and help foster consumer trust.

Key Points: 
  • By providing examples of common marketing activities and how Canadian laws affect each activity, the guide will help organizations better understand how they can solidify a strong brand reputation and help foster consumer trust.
  • “In the dynamic world of business, our truthful marketing guide is the essential companion for organizations.
  • Rooted in transparency, this guide not only safeguards reputations but also paves the way for enduring customer relationships,” said Clodman.
  • The CMA also provides a Consumer Centre to help consumers better understand their rights and obligations in a wide range of areas.